Hi All
Would some be able to point me at least in a general directin to start investing in property.
Ive read Mcknights books, talked to several people
and searched the internet for info.
So i consider my knowledge fearly good.
I have 100,000 in equity,
and about 4,000 in capital.
I done some searching for a positive geared property
and have seen a few but would just like to hear the
opinions of some other people as to which way to go
with my equity.
Thanks to all
cheers
and happy investing.Originally posted by glenrm:Hi All
Would some be able to point me at least in a general directin to start investing in property.
Ive read Mcknights books, talked to several people
and searched the internet for info.
So i consider my knowledge fearly good.
I have 100,000 in equity,
and about 4,000 in capital.
I done some searching for a positive geared property
and have seen a few but would just like to hear the
opinions of some other people as to which way to go
with my equity.
Thanks to all
cheers
and happy investing.Since you seen a few +ve cash flow property and have a lot of equity therefore you be able to borrow more than 100%, but that’s depend on your circumstance.
I would just go to speak to one of mortgage broker to see how much you can borrow and get a pre-approval first before doing any offer to purchase any property.
Warm Regards
ChanDollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]cheers thanks ChanDollars
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